About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

GAO-13-124R 1 (2012-11-15)

handle is hein.gao/gaobacgrd0001 and id is 1 raw text is: 



          GAO
          Aconaiity * integrity  Relilability
United States Government Accountability Office
Washington, DC 20548


          November 15, 2012


          The Honorable Tim Johnson
          Chairman
          The Honorable Richard Shelby
          Ranking Member
          Committee on Banking, Housing, and Urban Affairs
          United States Senate

          The Honorable Spencer Bachus
          Chairman
          The Honorable Barney Frank
          Ranking Member
          Committee on Financial Services
          House of Representatives

          Subject: Financial Audit: Federal Housing Finance Agency's Fiscal Years 2012 and
          2011 Financial Statements

          This report transmits the GAO auditor's report on the results of our audits of the
          fiscal years 2012 and 2011 financial statements of the Federal Housing Finance
          Agency (FHFA), which is incorporated in the enclosed Federal Housing Finance
          Agency Performance and Accountability Report for Fiscal Year 2012.

          As discussed more fully in the auditor's report that begins on page 74 of the
          enclosed PAR, we found:

             * the financial statements are presented fairly, in all material respects, in
                 conformity with U.S. generally accepted accounting principles;
             * FHFA maintained, in all material respects, effective internal control over
                financial reporting as of September 30, 2012; and
             * no reportable noncompliance in fiscal year 2012 with provisions of laws and
                 regulations we tested.


GAO-1 3-124R FHFA's Fiscal Years 2012 and 2011 Financial Statements


Page1I

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most